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$475,000

Beds
2
Baths
1.75
sq ft
1,008

316 South Cortez Street, Prescott, AZ 86303

316 South Cortez Street

Prescott, AZ 86303

  • 86 days on market
    • Price drop $20,000↓
Just one block from downtown Prescott! This beautifully updated bungalow makes a perfect primary residence, vacation getaway, rental, or even business location. Main level features a family room, efficiency kitchen with granite countertops and breakfast bar, full bathroom, and bedroom. Lower level could serve as a separate unit, with its own entrance, family room, bedroom, and 3/4 bathroom. Freshly painted interior 2022. Wood floors throughout. New roof, windowcoverings, mini splits in 2019. Relax and enjoy the beauty of Prescott from your covered front porch with built in benches and ceiling fan. Fresh turf in front yard2022. Walking distance to historic downtown Prescott and Whiskey Row, restaurants, and shopping. A fantastic home in a fantastic location - schedule a showing today!

Details

Property type

Single Family Residence

Est. home value

$491,083

Lot size

1,279 sq ft

Price per sq ft

$472

Year built

1958

Annual property taxes

$783

HOA

No

Price History

10/07/2024
PrescottAZ

PrescottAZ #1067023

Price change
$475,000
-4.04%
08/27/2024
PrescottAZ

PrescottAZ #1067023

Listed
$495,000
+3.34%
02/14/2022
PrescottAZ

PrescottAZ #1044214

Sold
$479,000
+86.38%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$31,115
Asking price
$475,000
Closing costs (~8% of asking)
-$38,000
Est. remaining loan balance
-$405,885
Cash to seller
$31,115

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Fairway Independent Mortgage Corp

Loan start date

February 2022

Original loan amount

$431,100

Est. remaining balance

$405,885

Interest rate

3.05%

Loan type

New Conventional, 30 year

Seller

Trisha Diane Wood and Dustin Lee Wood

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 11/21/2024 at 2:35 PM

Listing updated: 11/12/2024 at 9:46 AM

Listed by: Christopher Bratt, Realty ONE Group Mt Desert Phone #: (928) 440-2522

MLS: PrescottAZ #1067023

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